Examples

In currency trading, the Egyptian pound is under selling pressure, and the forwards market in the Saudi Arabian riyal shows that traders are positioning for a fall in that currency over the next three months.

Prince Alwaleed at a news conference Tuesday said his company, Kingdom Holding Co., had signed a 4.6 billion Saudi riyal $1.23 billion deal with Bin Laden Group to build the tower, which is expected to take more than five years to complete.

RIYADH, Saudi Arabia—Saudi Arabia signed an 30.8 billion riyal $8.2 billion contract with a Spanish consortium on Saturday for the next phase of a high-speed train linking the Islamic holy cities of Mecca and Medina to the national railway line, Saudi state media reported.